| Automated Customer Account Transfer Service - ACATS | |
 A system that facilitates the transfer of securities from one trading account to another at a different brokerage firm or bank. The National Securities Clearing Corporation (NSCC) developed the ACATS system, replacing the previous manual asset transfer system with a fully automated and standardized one. |
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 Stocks, bonds, cash, unit trusts, mutual funds, options and other investment products can be transferred via the ACATS system. Only NSCC-eligible members and Depository Trust Company member banks can use the ACATS system. |
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 Brokers and Online Trading - How do you find the right broker for your investment needs? Start by reading our broker tutorial. Uncovering the Securities Firm - Learn about a securities firm's various departments and the professionals who make the firm tick. |
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